The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.
According to an industry expert, companies such as Trident, Welspun India, Arvind, KPR Mill, Vardhman Textiles, Page Industries, Raymond, and Alok Industries stand to gain, as revenue from the US market accounts for 20-60 per cent of their earnings.
'No retaliatory tariffs now. You can retaliate after a few months.' 'Today, there is no need to retaliate because it is a question of long term benefits.'
Marcelo, 36, played for Real Madrid from 2007-2022 and left the Spanish club with 25 trophies in 546 games, including six LaLiga titles.
Gold prices could hit the $3500 an ounce (oz) mark in the next 18 months - up around 13 per cent from the current levels - given the global uncertainties and aided by investment demand, said analysts at BofA Securities in a recent note. Uncertainty around Trump Administration trade policies, BofA said, could continue to push the US dollar (USD) lower, further supporting gold prices near-term.
IMAGES from the Premier League matches played on Sunday.
Six points was the minimum requirement for England's opening two games and while the opposition were not of the highest quality, Tuchel said they were useful tests.
Here is the complete list of tariffs imposed by US President Donald Trump on Wednesday.
Vanuatu offers citizenship to people who are willing to invest $150,000 in the country.
Brendan Lynch, the assistant US trade representative for South and Central Asia, will pay a five-day visit to India beginning Tuesday, days before US President Donald Trump's tit-for-tat tariff kicks in. The senior US trade official is expected to hold talks with Commerce Minister Piyush Goyal besides meeting a number of senior Indian officials.
The UEFA said the correct decision was made to disallow Julian Alvarez's penalty in Atletico Madrid's Champions League loss to city rivals Real Madrid on Wednesday, but European soccer's governing body would enter discussions to review the rule.
Dear little, always-in-motion Tintin turned 96 on January 10!
Days after its Delhi-bound aircraft returned to Chicago due to unserviceable lavatories, Air India on Monday said its probe found that polythene bags, rags, and clothes had been flushed down and were stuck in the plumbing.
"India and everybody would think of them as an ally. I can say the same for others. But this is a group of wonderful nations that is countering other countries that look to hurt us on trade," he added.
'But I don't think the government is in a great hurry to sign the BTA.'
Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agreement in New Delhi on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. To formally start the negotiations on the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, along with a team of officials, is in New Delhi.
The Indian government as respondent in Sanjay Bhandari extradition case has sought permission from the London high court to appeal against the discharge of the defence sector consultant wanted in Delhi to face charges of alleged tax evasion and money laundering.
Former Manchester United and Scotland forward Denis Law has died at the age of 84.
'He may respect others, but he is unlikely to admire them'
Man United out of Europe after 1-0 home loss to Bayern Munich
'We will never recognise any part of territories occupied by the Russians.'
Former FIFA president Sepp Blatter and France soccer great Michel Platini were both cleared of corruption charges by a Swiss court on Tuesday.
Congress leader Shashi Tharoor has conceded that he was wrong in opposing India's stance on the Russia-Ukraine war, stating that the country's current position allows it to play a significant role in achieving lasting peace. Tharoor, who had initially criticized India's neutrality, now acknowledges that the policy has positioned India as a mediator, capable of engaging with both Russia and Ukraine.
England debutant Myles Lewis-Skelly got new coach Thomas Tuchel's reign up and running as the 18-year-old scored the first goal in a 2-0 home victory against Albania in their World Cup qualifying Group K opener on Friday.
Proceeds from the sale will support the training of future generations of doctors at the Oslo University Hospital. The fascinating story behind the Husain painting which set a new record for modern Indian art.
The sweeping tariffs proposed across sectors by US President Donald Trump are scheduled to be imposed starting April 2, with most analysts worried about their impact on companies, and in turn the financial markets. Recently, the US administration signaled that it will impose sectoral tariffs on energy, pharmaceuticals, semiconductors, agriculture, copper, and lumber.
'Indian players in the digital market should not be dominated by global players, and they should not dominate the smaller players -- these discussions are on.'
Former US President Donald Trump said he is ready to meet Russian President Vladimir Putin anytime, but warned of potential sanctions if Russia doesn't engage in negotiations on Ukraine. Trump criticized current President Joe Biden's handling of the conflict, claiming that the war wouldn't have happened under his presidency. He also raised concerns about the number of casualties in Ukraine, suggesting that the reported figures are not accurate. Trump also highlighted the financial burden of the conflict on the US and called for increased contributions from European Union members.
'It is ensured that no adversaries or people who oppose Tahawwur Rana's philosophy are housed in the same ward or jail.' 'Additionally, it is ensured that he does not have any prior contacts within that jail.' 'So, the lodgment of such a high-profile prisoner is done very carefully.'
Francisco Moura's second-half strike earned hosts Porto a 1-1 draw against 10-man AS Roma in the first leg of their Europa League knockout round play-off on Thursday.
A General Motors-backed Cadillac entry will become Formula One's 11th team next year after securing formal approval from the commercial rights holders and governing FIA on Friday.
The three-language formula proposed in the National Education Policy 2020, is at the centre of the political row between the Dravida Munnetra Kazhagam-led Tamil Nadu government and the central government.
Jakob Ingebrigtsen completed a golden double by capturing the men's 1,500 metres title on the final day of the World Indoor Athletics Championships
Why the Battle of Diu is as historic as the Battle of Trafalgar.
"Once the astronaut returns to Earth, they are immediately forced to readjust again, back to Earth's gravity, and can experience issues standing, stabilising their gaze, walking and turning. For their safety, returning astronauts are often placed in a chair immediately upon return to Earth," the Houston-based Baylor College of Medicine said in a note on body changes in space.
Mahindra & Mahindra, Bharti Airtel, Infosys, Tata Motors, Titan, Tata Consultancy Services, Nestle and Maruti were also among the major laggards. HDFC Bank emerged as the only gainer from the pack.
'The launch of Nila, our very first satellite was very emotional as well as nerve wracking. We tried to calm ourselves by cracking some poor jokes!'
Images from Saturday's action in the Premier League.
Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.
Amidst ongoing efforts to resolve the Russia-Ukraine conflict, Russian Ambassador to India Denis Alipov stated that Moscow is "prepared to sit in a trilateral format" for peace talks. Alipov also expressed optimism about the current US administration's approach to the conflict, suggesting a willingness to engage in dialogue. He highlighted the importance of a peaceful resolution while emphasizing that Russia is prepared to continue the war if necessary. Alipov stated that Russia does not expect anything specific from India in terms of mediation and highlighted the strong bilateral relationship between the two countries.
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